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Home Markets Equities Company Results

Berger Paints Nigeria Plc reports a 67% decline in Profits in FY 2020.

Chidi Emenike by Chidi Emenike
April 9, 2021
in Company Results, Markets
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Berger Paints Nigeria Plc released its full-year results for the year ended 31st December, 2020.

  • Revenue for the year was N3.84 billion. (+7% YoY)
  • Administrative expenses of 01 billion (+7% YoY)
  • Profit for the year was N146.02 million (-67% YoY)
  • Earnings per share of N0.50 vs N1.55 YoY.
  • Gross margin was 37% (+945bps)
  • No dividend announcement was made

See link to results.


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Tags: Berger Paints Nigeria PlcCompany Financial Results
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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